Tuesday, November 24, 2020

PPAP | Stock to Buy | Price Outlook

 

PPAP Automotive Ltd

Stock/Share Price: 282


➽ In this article we will discuss recent development in the StockShare of PPAP in the Stock Market. PPAP Automotive Ltd is a leading manufacturer of automotive sealing systems, interior and exterior automotive parts in India. 

Recent Key Strengths

Company with Low Debt

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

Near 52 Week High

Stock gained more than 20% in one month

Strong Momentum: Price above short, medium and long term moving averages



Recent Weaknesses

Degrowth in Revenue and Profit

Decline in Quarterly Net Profit with falling Profit Margin (YoY)

Annual net profit declining for last 2 years

Major fall in TTM Net Profit

Fall in Quarterly Revenue and Net Profit (YoY)



Technical Chart 


PPAP stock is showing strong uptrend making higher high and higher low . Long position in the stock can be made for short to medium term for the upside level of 374.






Recent Valuation Summary

Stock has a reserve of 280 cr and market cap of 373 cr only. Trading near all time high showing strength and giving dividend yield of 112%.

Recent Financial Summary


Sales and Profit improved from the previous quarter significantly. 


Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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